Question: Question 3 Suppose a company's expected dividend pattern for three year is as follows: D1 $4,D2 - $7. D3 - $9. After 3 years, the

Question 3 Suppose a company's expected dividend pattern for three year is as follows: D1 $4,D2 - $7. D3 - $9. After 3 years, the dividends are expected to growth at a constant rate of 5% a year. What should the current price of the firm's stock be if the required rate of return demanded by investors is 12%? (Round firal answer to decimal places) $87.28 $111.65 $105.21 O $98.54 Previous Next No new data to save. Last checked at 5:42pm Submit

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